Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦(@SchalkLouw) 's Twitter Profileg
Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦

@SchalkLouw

Portfolio manager & Strategist at @PSGInvest. Passionate about my family & investments. Tweets are not advice & are independent of my employer. Local is Lekker!

ID:243105488

linkhttp://www.linkedin.com/in/schalklouw calendar_today26-01-2011 09:21:54

7,1K Tweets

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Jimmy Moyaha(@jmoyaha_) 's Twitter Profile Photo

Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦ needs to explain why the USD/ZAR isn't trading below R18,50. Clearly he's not taking his duties seriously!

Be sure to tune in as we search for answers together...

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Moneyweb News(@Moneyweb) 's Twitter Profile Photo

[COMING UP] On podcast with #@simonpb
πŸ’΅ Markets watcher: Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦
πŸ’΅ Ellies failure: why companies must get serious about innovation
πŸ’΅ What to know about living local but earning foreign currency


Livestream Podcast: bit.ly/3fj3DO5

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Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦(@SchalkLouw) 's Twitter Profile Photo

Improving, but still in the bottom 10. now ranks as the 8th worst country for 2024 on the performance list compared to all other ETFs in USD. However, Africa is generally struggling, with in the last position & still in the lead.

Improving, but still in the bottom 10. #MSCI #SouthAfrica #ETF now ranks as the 8th worst country for 2024 on the performance list compared to all other #Country ETFs in USD. However, Africa is generally struggling, with #Nigeria in the last position & #Turkey still in the lead.
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fred hickey(@htsfhickey) 's Twitter Profile Photo

Correct. Westerners are not driving this gold rally. And it's Westerners who move the mining stocks. That's the opportunity for those who feel they've 'missed' the gold move. Normally, miners increase 2-3x gold in rallies, yet gold's up 13% YTD & GDX only up 9% (off severely

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Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦(@SchalkLouw) 's Twitter Profile Photo

represented by $GLD, has increased by 30% over a three-year period. Conversely, gold , represented by $GDX, are trading over 5% lower. This situation suggests that either Mr. Market is questioning the validity of the gold price surge or we may have some fun soon.

#Gold represented by $GLD, has increased by 30% over a three-year period. Conversely, gold #miners, represented by $GDX, are trading over 5% lower. This situation suggests that either Mr. Market is questioning the validity of the gold price surge or we may have some fun soon.
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Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦(@SchalkLouw) 's Twitter Profile Photo

Interesting fact about for SA investors. Gold price is again trading at new all-time highs in Rand terms. gold mines, however, are currently trading at the following percentages below their 2020 highs.

AngloGold 35%
GoldFields 14%
Pan African 18%

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Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦(@SchalkLouw) 's Twitter Profile Photo

Interestingly, the monthly trade turnover of the reached its lowest levels in USD in ten years last month (January 2024). Furthermore, one can observe that the 12-month average trend is still very much downward and extremely concerning.

Interestingly, the monthly trade turnover of the #JSE reached its lowest levels in USD in ten years last month (January 2024). Furthermore, one can observe that the 12-month average trend is still very much downward and extremely concerning.
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Schalk Louw | Mr Louwcal πŸ‡ΏπŸ‡¦(@SchalkLouw) 's Twitter Profile Photo

Bad to Worse. now finds itself as the 3rd worst country for 2024 on the performance list compared to all other ETFs in USD. However, Africa is generally struggling, with in the last position and in the lead for now.

Bad to Worse. #MSCI #SouthAfrica #ETF now finds itself as the 3rd worst country for 2024 on the performance list compared to all other #Country ETFs in USD. However, Africa is generally struggling, with #Nigeria in the last position and #Turkey in the lead for now.
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